The SBA would give Pak a temporary relief to delay its debts payment in return for more excessive economic austerity, plus long list of reforms particularly political. The real question is whether Pak has or will get the ability to deliver… I doubt…
Alhamdulillah, I am pleased to announce that Pakistan has reached a Staff-Level Agreement with the IMF on a nine-month US$3 billion Stand-By Arrangement. This Arrangement will help strengthen Pakistan’s foreign exchange reserves, enable Pakistan to achieve economic stability, and put the country on the path of sustainable economic growth, Insha’Allah. I would like to appreciate the efforts and hard work of Finance Minister @MIshaqDar50 and his team at the Ministry of Finance for achieving this outcome. I would also like to thank MD IMF @KGeorgieva and her team at the IMF for their cooperation and collaboration, especially during the course of last week.
@Harakat_Invest together with @IFC_org had a dedicated consultation session with @AWCCI2 where all participants highlighted major issues facing women businesses and insisted for the need to establish a private sector advocacy and coordination platform to address the challenges.
"The private sector can play a key role in delivery of humanitarian and development assistance which in turn will promote economic stabilization" says @FazlyHojat CEO of @Harakat_Invest in an insightful interview with @KakarAdvocates. Read more here👇... https://t.co/9W5WtJOwtJ
In continuation of the private sector consultation series, @Harakat_Invest in partnership with @IFC_org organized the second session with ACCI. All participants welcomed the initiative to establish a private sector advocacy and coordination body and insisted to have continued ...
On 17th July 2022 @Harakat_invest held a meeting with Afghan industrialists, heard their challenges and discussed seeking solutions together, particularly the problem of electricity shortage at Green Industries Park.
For d 1st time in about 20 years, d $ & € r at parity… meaning both currencies r worth d same & it’s d € down nearly 12%. But don’t be fooled by a stronger $ as d US exports become expensive & that would mean decrease in value of foreign sales & loss of jobs.
@Harakat_invest held the second day of the presentation session for the eligible women- owned SMEs on 7th June, 2022. where the remaining shortlisted applicants presented their business plans to be considered for Harakat's business recovery grant's support program.
In the upcoming days, @Harakat_Invest will begin disbursement of grants to the final selected women owned businesses followed by technical trainings and assistance.
@Harakat_Invest held two days presentation sessions for the eligible women- owned SMEs. The first day of the presentation was on 6th June, 2022. Where each of the participants presented their business plans to be considered for Harakat's business recovery Grant's support program.
The leadership of @Harakat_Invest is deeply saddened for those affected by the powerful earthquake that has taken at least 1,000 lives so far and injured more than 1,500. It is the deadliest earthquake to strike Afghanistan in two decades.
On June 2, 2022, Harakat_invest organized an orientation session for those eligible women-led SMEs who have successfully made it to the semi-final, receiving in-kind business recovery grants.
@Harakat_Invest invites applications from women-owned SMEs for in-kind grants to support their businesses. Find out more here👇 about the application process and deadline.
https://t.co/cvs9mzsyJP
#Afghanistan’s political crisis has brought about rapid and momentous changes to the country’s economic situation. Join us on Thursday, April 7 | 9:30 AM ET to learn about the impacts on the country’s business environment: https://t.co/qrgX5RxRTJ
@Harakat_Invest welcomes this small yet significant stp towrds facilitating & promoting bilateral trde between 🇦🇫 &🇵🇰, while easy access to TAD for cross stuffing will improve d flow of trde but more stps r needed, espcially finalizing d APTTA to eliminate AFG-Pak trde barriers.
Biden’s decision to put embargo on energy exports from Russia would actually hurt the US more as the rising prices could blunt the power of any embargo and even if Russia exports half less of its current volume, they would still net positive on it!
It’s perfectly fine to create conflicts & kill ppl in places like Africa, Middle East, Iraq and Afg, just because they are not developed, civilized, and most importantly, WHITE… that’s how u define conflicts in the 21st century! https://t.co/C4dneJfZfY
@afgheconoconfrence was a great opportunity to discuss innovative ways of coming out of the current economic tightness, a private sector-led economy is what Afghanistan needs to center in its vision for future economic prosperity.